Nvidia confirms it will buy Hugging Face for $12.9 billion
NVIDIA has agreed to acquire Hugging Face for $12.93 billion to scale the open-source model repository’s platform and infrastructure. The transaction targets platform growth and infrastructure investment, aiming to expand AI access for enterprise developers, software engineers, and research institut
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Nvidia said Hugging Face hosts over 3 million models and is used by over 18 million developers.
Nvidia has agreed to buy Hugging Face for $12.93 billion, bringing one of the most popular hosting platforms for open-source AI models, datasets, and tools under the ownership of the world's biggest AI chipmaker. Hugging Face is an online platform founded in 2016 that gives AI developers a space to
NVIDIA has agreed to acquire Hugging Face for $12.93 billion to scale the open-source model repository’s platform and infrastructure. The transaction targets platform growth and infrastructure investment, aiming to expand AI access for enterprise developers, software engineers, and research institut
Nvidia says Hugging Face will stay open even as the chipmaker takes control of a key AI hub.
The long-rumored deal will give the chip giant access to—and help it promote—a huge repository of open-source AI models and data sets.
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